The Pigments Market is expected to be worth US$ 22 Billion By 2027
Growth in end-user industries, rising demand for high-performance pigments (HPP), and rising preference for environmentally friendly products are the major driving factors in the pigments market. Pigments are used in a wide range of applications, including paints and coatings, textiles, construction, printing inks, and plastics Because of expanding infrastructure, the paints and coatings industry is experiencing significant growth. Global demand for paints and coatings is expected to grow at a CAGR of 5.4 percent over the next five years, according to industry estimates.
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